Binance And The SEC Extend Their Judicial Truce By 60 Days

As the tug-of-war between Binance and the SEC shapes the future of crypto regulation in the United States, both parties are requesting a new 60-day judicial stay. A strong signal, indicative of a possible strategic shift within the regulator, and a likely signature of an agreement between the two parties.

Binance VS SEC: a strategic pause in a high-stakes conflict

Since June 2023, Binance has been accused by the SEC of offering financial products without authorization in the United States. The American securities regulator points to the sale of BNB and BUSD, as well as staking programs deemed illegal. It also reproaches Binance for allowing American crypto users to access its main platform, Binance.com, even though it was theoretically prohibited.

Another point of friction: the opaque management of client funds, transferred to an entity linked to founder Changpeng Zhao. In the face of these accusations, Binance denies any ill intent. Thus, in February 2025, both camps agreed to pause the case for 90 days. On April 11, they jointly requested 60 additional days to continue their discussions. This approach suggests that a negotiated solution is seriously considered.

Towards a negotiated resolution with major repercussions?

Two options are on the table: either an agreement is reached and the case closes without a trial, or the negotiations fail and the legal battle resumes. A compromise would provide relief for Binance, but also for the entire crypto market, in search of regulatory stability. Especially since the presidential election of 2024, a change in attitude is being felt at the SEC.

Indeed, the acting chairman, Mark Uyeda, seems keen to ease tensions with the crypto industry. This new stance contrasts with the more aggressive approach of the previous administration. This case could become a model for other companies in the sector facing similar investigations. The way the SEC treats this matter will send a strong signal to the entire ecosystem.

This judicial stay is not trivial, especially at this moment when the SEC is preparing a round table on crypto regulation in the presence of Coinbase. Binance plays a decisive part, just like the SEC, which could lay the groundwork for a new regulatory approach. If both parties find common ground, the entire crypto industry could emerge transformed.